ACTIVE

TWINS

Financial year 2025 · Closed on 31/12/2025

Net result130,9 k €-36,4 %over 1 year
Gross margin576,6 k €-13,4 %over 1 year
Equity1,6 M €+8,6 %over 1 year
Workforce4,4 ETP+25,7 %over 1 year

Identity

Source · BCE/KBO

TWINS is a Public limited company incorporated in 1991. Its registered office is in Koksijde. It employs on average 4,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0444.044.026
Incorporation
08/05/1991
Legal form
Public limited company
Registered office
Prins Karelstraat(Odk) 7 box A
8670 Koksijde · FlandreSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2025
Average workforce
4,4 ETP
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 17 financial years

20252024202320222021
Income statement
Gross margin576,6 k €666,2 k €748,3 k €582,8 k €564,3 k €
EBITDA367,8 k €464,6 k €544,6 k €393,7 k €447,3 k €
Operating result250,8 k €357,9 k €437 k €274,4 k €312,6 k €
Net result130,9 k €206 k €272,1 k €167,5 k €197,1 k €
Balance sheet
Equity1,6 M €1,5 M €1,3 M €1 M €850,4 k €
Total assets3,1 M €3,1 M €2,9 M €2,8 M €2,8 M €
Cash283,9 k €313 k €449,1 k €824,7 k €679,1 k €
Debts1,3 M €1,5 M €1,5 M €1,7 M €1,9 M €
Other
Workforce4,4 ETP3,5 ETP3,5 ETP4,0 ETP–

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 20 ended

Active mandates

David Debecker

Managing director · since 22 décembre 2023 · until 20 février 2030

Active
Leen Van Aelst

Director · since 22 décembre 2023 · until 20 février 2030

Active
Pierre Debecker

Managing director · since 22 décembre 2023 · until 20 février 2030

Active
Veerle Andries

Director · since 22 décembre 2023 · until 20 février 2030

Active

Ended mandates

David Debecker

Director · since 14 février 2023 · until 21 février 2029

Ended
David Debecker

Managing director · since 14 février 2023 · until 21 février 2029

Ended
Leen Van Aelst

Director · since 14 février 2023 · until 21 février 2029

Ended
Pierre Debecker

Director · since 14 février 2023 · until 21 février 2029

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/07/202613/08/202526/09/202409/08/202329/08/202230/09/2021
General meeting30/06/202615/07/202531/08/202415/02/202316/02/202217/02/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202631/07/2026DutchPDF
Abridged model31/12/202415/07/202513/08/2025DutchPDF
Abridged model31/12/202331/08/202426/09/2024DutchPDF
Abridged model31/12/202215/02/202309/08/2023DutchPDF
Abridged model31/12/202116/02/202229/08/2022DutchPDF
Abridged model31/12/202017/02/202130/09/2021DutchPDF
Abridged model31/12/201919/02/202023/07/2020DutchPDF
Abridged model31/12/201820/02/201907/08/2019DutchPDF
Abridged model31/12/201721/02/201807/09/2018DutchPDF
Abridged model31/12/201615/02/201717/08/2017DutchPDF
Abridged model31/12/201517/02/201631/08/2016DutchPDF
Abridged model31/12/201418/02/201503/07/2015DutchPDF
Abridged model31/12/201319/02/201409/08/2014DutchPDF
Abridged model31/12/201219/02/201320/03/2013DutchPDF
Abridged model31/12/201115/02/201201/03/2012DutchPDF
Abridged model31/12/201016/02/201110/03/2011DutchPDF
Abridged model31/12/200917/02/201004/05/2010DutchPDF
Abridged model31/12/200818/02/200918/03/2009DutchPDF
Abridged model31/12/200719/02/200802/04/2008DutchPDF
Abridged model31/12/200621/02/200729/03/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 20 ended

Active mandates

David Debecker

Managing director · since 22 décembre 2023 · until 20 février 2030

Active
Leen Van Aelst

Director · since 22 décembre 2023 · until 20 février 2030

Active
Pierre Debecker

Managing director · since 22 décembre 2023 · until 20 février 2030

Active
Veerle Andries

Director · since 22 décembre 2023 · until 20 février 2030

Active

Ended mandates

David Debecker

Director · since 14 février 2023 · until 21 février 2029

Ended
David Debecker

Managing director · since 14 février 2023 · until 21 février 2029

Ended
Leen Van Aelst

Director · since 14 février 2023 · until 21 février 2029

Ended
Pierre Debecker

Director · since 14 février 2023 · until 21 février 2029

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other02/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Mandates14/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office16/05/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates24/05/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office23/02/2012
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates17/02/2011
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/09/2005
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - DOEL - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates20/12/2004
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025130,9 k €↓
  2. 2024
    Annual accounts 2024206 k €↓
  3. 2023
    Annual accounts 2023272,1 k €↑
  4. 2022
    Annual accounts 2022167,5 k €↓
  5. 2021
    Annual accounts 2021197,1 k €↑
  6. 2018
    Annual accounts 2018128,9 k €↑
  7. 2017
    Annual accounts 201739,3 k €↓
  8. 2016
    Annual accounts 201652,2 k €↓
  9. 2015
    Annual accounts 201556,7 k €↑
  10. 2014
    Annual accounts 20147,8 k €↓
  11. 2013
    Annual accounts 201333,8 k €↑
  12. 2012
    Annual accounts 20127,9 k €↓
  13. 2011
    Annual accounts 201115,1 k €↓
  14. 2010
    Annual accounts 201035,3 k €↑
  15. 2009
    Annual accounts 200934,3 k €↑
  16. 2008
    Annual accounts 2008-7 k €↓
  17. 2007
    Annual accounts 2007-3 k €
  18. 08/05/1991
    IncorporationPublic limited company